Common use of Brokerage Obligations Clause in Contracts

Brokerage Obligations. Sellers and Purchaser each represent and warrant to the other that such party has incurred no liability to any broker or other broker or agent with respect to the payment of any commission regarding the consummation of the transactions contemplated hereby. If any claims for commissions, fees or other compensation, including, without limitation, brokerage fees, finder’s fees, or commissions are ever asserted against Purchaser or any Seller in connection with the transactions contemplated hereby, all such claims shall be handled and paid by the party whose actions form the basis of such claim and such party shall indemnify, defend (with counsel reasonably satisfactory to the party entitled to indemnification), protect and save and hold the other harmless from and against any and all such claims or demands asserted by any Person in connection with the transactions contemplated hereby.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Midway Games Inc), Asset Purchase Agreement (Midway Games Inc)

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Brokerage Obligations. Sellers The Seller and Purchaser Buyer each represent represents and warrant warrants to the other that such party it has not incurred no any liability to any broker or other broker or agent with respect to the payment of any commission regarding the consummation of the transactions transaction contemplated hereby. If It is agreed that if any claims for commissions, fees or other compensation, including, without limitation, any other brokerage fees, finder’s fees, or commissions commissions, are ever asserted against Purchaser Buyer or any Seller in connection with the transactions contemplated herebythis transaction, all such claims shall be handled and paid by the party whose actions form the basis of such claim and such party shall indemnify, defend (with counsel reasonably satisfactory to the party entitled to indemnification), protect protect, and save and hold the other harmless from and against any and all such claims or demands asserted by any Person person, firm or corporation in connection with the transactions transaction contemplated hereby.

Appears in 1 contract

Samples: Asset Purchase Agreement (August Technology Corp)

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Brokerage Obligations. Sellers Seller and Purchaser the Buyer each represent and warrant to the other that that, such party has incurred no liability to any broker or other real estate broker or agent with respect to the payment of any commission regarding the consummation of the transactions transaction contemplated hereby. If It is agreed that if any claims for commissions, fees or other compensation, including, without limitation, brokerage fees, finder’s 's fees, or commissions are ever asserted against Purchaser Buyer or any the Seller in connection with the transactions contemplated herebythis transaction, all such claims shall be handled and paid by the party whose actions form the basis of such claim and such party shall indemnify, defend (with counsel reasonably satisfactory to the party entitled to indemnification), protect and save and hold the other harmless from and against any and all such claims or demands asserted by any Person person, firm or corporation in connection with the transactions transaction contemplated hereby.

Appears in 1 contract

Samples: Asset Purchase Agreement (Archibald Candy Corp)

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